Member Info for Phoebus

MArket cap 535M Rand = £25.12M / 33M shares = 76p. Yes or no?

Let's hope so.

No mention of Guyana in today's trading statement and operational update from Tullow. Thought we might have got at least a mention.

Excellent answer Sotolo. Thanks.

State of the financial system and quantum of money printing is in a different league compared to during the 2010-2011 silver bull run. Expect the move to be much more savage this time round.

Silver up 29.4% from Feb pre crash peak and HOC only up 32.9%. This is never geared 1:1 with the silver price and clearly should already be WAY higher. Last time silver was at this price in GBP HOC was 400p.

When eating lobster and chocolate mousse I prefer not to have them served at the same time in the same dish. Great by themselves but ruined when served together.

I want to invest in a clean exploration shell and focuss on Perv#1. Anyone else agree?

Hardly any pullback from the high on the day of the RNS, consolidation for a day or two and then up through the RNS day high yesterday. That's called a mega bullish chart pattern. The fantastic update is more than enough justification. Reckon this is headed way over £1. GLA.

Not suprised you woke with a nightmare low ball offer like that. :D

That's like saying GPSS shares were not worth holding at 1.5p when GPM was under the GPSS strike price. They clearly were worth holding as they are now 18.5p to buy and a lot of people are kicking themselves for not piling in. Same with GCS. If the uranium sector continues to rally GCS will skyrocket and the surge will start well before GCL approaches the 29p GCS exercise price as per GPSS-GPM. As the price of GCL at time of GCS exercise tends to infinity the gearing of buying GCS at 1p when GCL is 19p tends to x19 yet downside is only 1x investment. As long as GCL is higher than about 30.5p you will outperform by buying GCS at 1p over GCL at 19p. If you think there's a chance GCL will rocket it's worth at least putting option money in here. You can always sell before exercise if the outlook changes.

This will start to surge well before GCL hits 29p as per GPSS-GPM. 19 times gearing if you by at 1p.

Surely can't be rising on that RNS. £6K is fucall.

Indeed. Can't belive HOC is not up 10% today. I realise it is up 30% odd in the last week or so, but that was after a LONG consolidation and SP is less than 15% over consolidation high. If silver holds gains I expect to see a move on 300p shortly.

Can't beleive the market is getting sucked in by this again. How many times is it now?

Still impossible to sell ANY share on quote and deal should you want to. Understandable at 29p, but 19p?

Except we don't yet know what form it will take. Royalty increased, government takes percentage of licence on free carry (15% in Namibia), licence revoked. We don't know what the outcome will be or how long it will take. Uncertainty and delays are not good for the SP.

I'm still a bit nervous of backing up the truck right at this juncture as we appear to be about to get an opposition victory announced in Guyana. They have already stated that they want to change all licence agreements in Guyana with the exception of Stabroek, so I would expect ECO to get knocked quite hard as that plays out. However, that should be the time to buy ahead of licence agreement adjustment and drilling campaign announcement. GLALTH

Opening a position there as well looks like a great move given the well is 72% COS and targeting the same Stabroek fairway.

in little over two sessions at one point today! Anyone else think that's beyond ridiculous.